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About USDC and SCUSD
USDC is climbing, while Rings scUSD is falling this week. The current USDC to SCUSD conversion rate is 1.00. Inversely, this means that if you convert 1 SCUSD you will get 0.9998 USDC. The conversion rate of USDC/SCUSD has increased by 0.12% in the last hour (SCUSD/USDC decreased by 0.12%). In the last 24 hours, USDC/SCUSD grew by 0.36%, while SCUSD/USDC shrunk by 0.36%.
The exchange rate of USDC is increasing. The current value of 1 USDC is 1.00 SCUSD. In other words, to buy 5 USDC, it would cost you 5.00 SCUSD. Inversely, 1 SCUSD would allow you to trade for 0.9998 USDC while 50 SCUSD would convert to 49.99 USDC, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 0.17%. Meanwhile, in the last 24 hours, the rate has changed by 0.36%, which means that the highest exchange rate of 1 USDC to SCUSD was 1.01 SCUSD and the lowest 24 hour value was 1 USDC for 0.9817 SCUSD. Last month, 1 USDC was worth 0.9776 SCUSD. Today, it's up 2.31%. Looking back a year, USDC has changed by 1.00 SCUSD. That means that in a single year, the value of USDC has shrank by 0.04%.
USDC Market Stats
USDC is a digital dollar issued by Circle that is fully backed by US dollars and US dollar equivalents. USDC was developed to represent a US Dollar equivalent onchain, and is used to send, store, and receive money between people and businesses without the need for third-party financial institutions.
Rings scUSD Market Stats
Rings is the meta-stable protocol of Sonic chain. It is the main bridge for Ethereum Mainnet stablecoins and ETH derivatives token holders to start earning yield on Sonic. Bridge ETH & Stablecoin from Mainnet to Sonic, Mint scETH and scUSD, stake it for stkETH and stkUSD to make it yield bearing, or lock it for veETH and veUSD to access governance power. When minting scUSD and scETH, users deposit their initial into Veda Vaults which then reallocate the backing toward yield bearing strategies. The yield generated is then redistributed across eligible Sonic dApps and the distribution is controlled by the veUSD gauge tokenomic.
Conversion tables
USDC to SCUSD values from Today at 12:29 pm
0.5 USDC = 0.5001 SCUSD |
1 USDC = 1.00 SCUSD |
5 USDC = 5.00 SCUSD |
10 USDC = 10.00 SCUSD |
50 USDC = 50.01 SCUSD |
100 USDC = 100.02 SCUSD |
500 USDC = 500.11 SCUSD |
1,000 USDC = 1,000.22 SCUSD |
SCUSD to USDC values from Today at 12:29 pm
0.5 SCUSD = 0.4999 USDC |
1 SCUSD = 0.9998 USDC |
5 SCUSD = 5.00 USDC |
10 SCUSD = 10.00 USDC |
50 SCUSD = 49.99 USDC |
100 SCUSD = 99.98 USDC |
500 SCUSD = 499.89 USDC |
1,000 SCUSD = 999.78 USDC |
USDC to SCUSD over time
USDC | Today | 24H 0.36% | 1M 2.26% | 1Y -0.04% |
|---|---|---|---|---|
0.5 USDC | 0.5001 SCUSD | 0.4983 SCUSD | 0.4888 SCUSD | 0.5003 SCUSD |
1 USDC | 1.00 SCUSD | 0.9967 SCUSD | 0.9776 SCUSD | 1.00 SCUSD |
5 USDC | 5.00 SCUSD | 4.98 SCUSD | 4.89 SCUSD | 5.00 SCUSD |
10 USDC | 10.00 SCUSD | 9.97 SCUSD | 9.78 SCUSD | 10.01 SCUSD |
50 USDC | 50.01 SCUSD | 49.83 SCUSD | 48.88 SCUSD | 50.03 SCUSD |
100 USDC | 100.02 SCUSD | 99.67 SCUSD | 97.76 SCUSD | 100.06 SCUSD |
500 USDC | 500.11 SCUSD | 498.33 SCUSD | 488.81 SCUSD | 500.31 SCUSD |
1,000 USDC | 1,000.22 SCUSD | 996.67 SCUSD | 977.61 SCUSD | 1,000.63 SCUSD |
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This content is being provided to you for informational purposes only, does not constitute an offer, or solicitation of an offer nor a recommendation by Coinbase to buy, sell, or hold any security, financial product, or instrument referenced in the content, and does not constitute investment advice, financial advice, trading advice, or any other sort of advice. Data presented may reflect asset prices traded on the Coinbase exchange as well as other cryptocurrency exchanges and market data platform. Coinbase may charge fees for the processing of cryptocurrency transactions which may not be reflected in the conversion prices displayed. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content.